Here’s what happened to the ASX 200 today

Local shares had a mixed day today. After rising strongly earlier on, following the lead set by Wall Street, shares fell back towards yesterday’s closing price in the afternoon after the RBA decided to keep interest rates on hold.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5371 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5441 points
  • AUD/USD at US 74.25 cents
  • Iron Ore at US$51.11 a tonne, according to the Metal Bulletin
  • Gold at US$1,242.57 an ounce
  • Brent oil at US$50.44 a barrel

BHP Billiton Limited (ASX: BHP) was one of the market’s best for the day, together with its rival Rio Tinto Limited (ASX: RIO). The pair lifted 2.9% and 1.8%, respectively.

The banks produced somewhat mixed results today. Westpac Banking Corp (ASX: WBC) and Commonwealth Bank of Australia (ASX: CBA) were the strongest, rising 0.8% and 1%, while Australia and New Zealand Banking Group (ASX: ANZ) fell 0.4%.

Telstra Corporation Ltd (ASX: TLS) also dropped 0.2%.

Greencross Limited (ASX: GXL) struggled too, falling 7.8%, but Liquefied Natural Gas Ltd (ASX: LNG) shares rocketed 13.1%, making it the market’s top performer.

Here are Tuesday’s top stories:

  1. Is the Reserve Bank of Australia finished cutting interest rates?
  2. Why now is NOT the right time to buy gold stocks
  3. This broker thinks these 3 ASX shares are seriously undervalued
  4. 5 underfollowed small-cap shares that could make you rich
  5. Why the Greencross Limited share price has been slammed today
  6. 3 ASX tech shares that could make you rich
  7. Why the Estia Health Ltd share price collapsed today

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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